Property: what's to gain?
Article Abstract:
The price rises in the residential property in Melbourne, Sydney a little part of Brisbane have induced entirely by the downward move in interest rates driven by low inflation, strong employment growth, high levels of confidence and solid wages growth. Details on the rises in residential property in different cities, their reasons and problems due to them are discussed.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2003
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Property: patience is a virtue
Article Abstract:
One-third of Australian housing is owned by investors, and there are close to one million investors in residential property in Australia. The value of residential property has highly increased in Melbourne and Sydney over the last decade.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2003
User Contributions:
Comment about this article or add new information about this topic: